Shriners Hospitals for Crippled Children v. Gardiner

152 Ariz. 519 (1986)

733 P.2d 1102

SHRINERS HOSPITALS FOR CRIPPLED CHILDREN, Petitioner-Appellant,

v.

Mary Jane GARDINER, Trustee; The Laurabel Gardiner Trust, Respondents-Appellees.

No. 1 CA-CIV 7536.

Court of Appeals of Arizona, Division 1, Department B.

May 15, 1986.

Gust, Rosenfeld, Divelbess & Henderson by Richard H. Whitney and Fred Cole, Phoenix, for petitioner-appellant.

Romley & Romley by Elias M. Romley, Phoenix, for respondents-appellees.

MEYERSON, Judge.

May a trustee completely delegate her power to manage and invest trust assets? This is the important question presented in this appeal. As…